Information and updates about the Universities Superannuation Scheme
UCU negotiates nationally on behalf of members of USS. However, we do not run any pensions schemes, we do not have any information on individual members’ pension entitlements, and we are unable to provide financial advice.
The USS pension scheme covers all University of Sheffield staff on grade 6 and above. Currently a hybrid scheme consisting of a secure, ‘defined benefit’ arrangement and a ‘defined contribution’ part over that threshold, the scheme must undergo a statutory valuation every three years.
Dear colleague,On Thursday the union will be asking you to join a comprehensive boycott of assessment and marking. I understand that is a big decision for any educator and I wanted to write to set out why the union believes it is so important that you join this action.First, without significant industrial action there will […]
Members will have seen a communication sent from Sally Hunt earlier today calling for an assessment boycott starting Thursday 6 November. Please see UCU press release. More detailed guidance will be available shortly.
Members heard from Mark Oley (Regional Official) and Malcolm Povey (Leeds UCU) about the threats to the USS scheme. USS is a healthy scheme. The deficit calculations ignores the fund’s huge assets, and assumes that the collapse of all UK HE universities is a possibility. The USS deficit explained. The Employers are shifting the liability for […]